Author: News Room
Although Render’s (RNDR) price is not observing explicit bullishness on the charts, it is seeing a lot of hype from investors. This could result in the cryptocurrency noting new highs for 2024, setting it up for further rise. Render Investors Take the Bullish Route Render price trading under $11 failed to breach the resistance marked at $11.24, resulting in some pullback in price. But this did not seem to discourage RNDR holders who have been actively bullish towards the altcoin. According to the supply on exchanges, about 2 million RNDR worth over $21.8 million have moved out of the exchanges.…
Families with a net worth of up to $100 million exhibit a strong preference for algorithmic cryptocurrencies over tokens (4.32% versus 0.92%), a new study has found. The study cites statistics indicating that ownership continuity is disrupted in 91% of cases involving a transition from crypto to fiat and vice versa. Traceability of Ownership Continuity […] Read the full article here
Andrew Tate is one of the most controversial personalities worldwide and a die-hard Bitcoin (BTC) enthusiast. In a recent post on March 29, Tate revealed his Bitcoin dollar-cost averaging (DCA) strategy. The former kickboxer and current social media influencer commented on X about his recurrent Bitcoin purchases since 2018. Notably, the post had already surpassed 2.5 million views by press time, giving a strong message to cryptocurrency investors. “I bought my first bitcoin in 2018. Since then, I’ve been buying some bitcoin every single week without fail. And I’ve never, ever, not once – sold ANY. Do you understand?” –…
Dogwifhat (WIF), a meme coin on the Solana blockchain, has had a bullish run in the last 24 hours. This trend seized market control after WIF found support at the intraday low of $3.17, and thanks to a surge of buying pressure, its price soared to an all-time high of $4.01 before encountering resistance. Read the full article here
TRON’s (TRX) price is still falling below the moving average lines. Price analysis by Coinidol.com. Long-term forecast for TRON’s price: bearish After the recent slide above the support level of $0.11, the altcoin has started to move in a range between $0.11 and $0.13. TRON rebounded in the previous price action after bouncing off a high of $0.144. Buyers were unable to sustain the positive momentum above the overhead resistance of $0.148. The overhead resistance is the historical price level from May 10, 2021. If the bulls break through the overhead barrier, the altcoin will return to the bull market.…
According to on-chain data, a Satoshi era wallet has suddenly moved 500 BTC. The Bitcoin wallet last transacted when the BTC price hovered near $8. On-chain data shows a Bitcoin wallet that last transacted nearly 12 years ago has suddenly moved all 500 BTC it held. According to data Lookonchain shared on March 30, the said wallet had been inactive since July 2012. The last transaction that sent the 500 BTC to the wallet was at a time when Bitcoin price was a mere $8, Lookonchain noted. A wallet that had been dormant for 11.7 years transferred all 500 $BTC($34.78M)…
Several memecoins have recently launched on the Neo blockchain and can be swapped on the Forthewin Network DeFi platform. The increased activity surrounding memecoins on Neo mirrors current trends on other networks like Solana, Ethereum, and other EVM L2s. As of March 2024, the four most popular new memecoins on Neo include Schrute Bucks (SCHRUTE), Frank Coin (FRANK), Ape Coin (APE), and The Hongfei (HD). Each memecoin is paired only against GAS, except for HD, which is also paired against bNEO. At the time of press, each of the LPs contains 296.684, 696.471, 1,770.801, and 4,312.083 GAS, respectively, totaling roughly…
Prominent crypto analyst CryptoInsightUK has outlined a condition for the XRP market to witness a minimum rally of 93% for the crypto asset to hit $1.2 soon. Condition for XRP to Rally 93% In a recent post on X, Cryptoinsightuk updated his XRP outlook. The message comes as market participants eagerly anticipate XRP to surpass $1. According to the analyst, the asset requires a daily candle close above $0.75 to confirm the widely-awaited bull rally. Furthermore, Cryptoinsightuk emphasized that surpassing the $0.75 mark would signify a breakout from the accumulation range the asset has been in for the past 250…
Bitwise Asset Management believes that “bitcoin is in a raging bull market” in the long term. Its chief executive anticipates the upcoming bitcoin halving to be “the most impactful we’ve seen.” The firm’s chief investment officer explained that global wealth managers allocating just 1% of their portfolios to bitcoin would mean about $1 trillion of […] Read the full article here
Bitcoin is poised to achieve its seventh consecutive month of gains, a feat witnessed only once in its history. The upward streak commenced in September 2023, fueled by anticipation surrounding Bitcoin exchange-traded funds (ETFs) approval. Bitcoin Seven Months Streak Since September 2023, Bitcoin has consistently surpassed the previous month’s figures, indicating a sustained upward trajectory. As the end of March approaches, with Bitcoin trading at $70,000, the market could witness a seventh consecutive bullish month for BTC. The last time Bitcoin sustained a seven-month streak was in 2012 when its price surged from $4.89 to $12.37. Notably, following this streak,…